Options News
Pete Najarian Sees Unusual Option Activity in $PBR
On today’s CNBC Halftime Report, Pete Najarian is seeing unusual option activity in $PBR. Traders were buying 30,000 PBR February $12.50 calls for $0.50. They also sold the February $13.50 calls for $0.15 to finance the trade. The long trade was rolled up from February $12 calls as the traders looks for more upside in this […]
By Chris Sykora · January 24, 2018
On today’s CNBC Halftime Report, Pete Najarian is seeing unusual option activity in $PBR.
Traders were buying 30,000 PBR February $12.50 calls for $0.50. They also sold the February $13.50 calls for $0.15 to finance the trade. The long trade was rolled up from February $12 calls as the traders looks for more upside in this energy sector name. Pete owns these calls and plans to hold for a couple of weeks.